Narrawallee, NSW
OVERVALUED1,879 sales · 36 years of data · NSW, Australia
Narrawallee, NSW Property Market Overview
Nestled on the New South Wales South Coast, Narrawallee (postcode 2539) presents a unique property market profile. AusPropertyInsights.app analysis spans 36 years of recorded sales data, encompassing a total of 1,879 transactions. The current median property price for all dwellings in Narrawallee sits at $1,220,000, reflecting a blend of housing options from beachfront properties to more affordable units.
Narrawallee is particularly known for its stunning beaches and relaxed coastal lifestyle, contributing to its appeal among both permanent residents and holidaymakers. Houses in Narrawallee currently have a median price of $1,235,000, while apartments offer a more accessible entry point at a median of $760,000. This coastal gem's property market displays a long-term history of steady growth.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Narrawallee
Top streets in Narrawallee, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Parkinson St | $1,640,000 |
| 2 | Macleay St | $1,540,000 |
| 3 | Leo Dr | $940,000 |
| 4 | Seaspray St | $1,272,500 |
... and 48 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Bangalow St | $2,147/m² |
| 2 | Booth Ave | $4,100/m² |
| 3 | Macleay St | $1,957/m² |
| 4 | Parkinson St | $4,171/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Ross Ave | +9.6% |
| 2 | Leo Dr | +7.8% |
| 3 | Seaspray St | +11.2% |
| 4 | Matron Porter Dr | +10.7% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Narrawallee analysis
52 streets and 13 buildings to explore
Trusted by 100+ property investors across NSW
Nearby Suburbs to Narrawallee
Narrawallee at a Glance
Narrawallee, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Narrawallee, NSW
Living in Narrawallee offers a quintessential coastal lifestyle. The suburb is renowned for its pristine beaches, including Narrawallee Beach, perfect for swimming, surfing, and relaxing. The nearby Narrawallee Inlet provides opportunities for kayaking and paddleboarding. For families, Narrawallee Public School is a well-regarded local primary school.
Residents enjoy a strong sense of community and a relaxed pace of life. While Narrawallee itself is primarily residential, nearby Ulladulla offers a range of shopping and dining options. Parks and reserves are abundant, providing ample green space for recreation. The general vibe is laid-back and family-friendly, attracting those seeking a escape from the hustle and bustle of city life.
Narrawallee is a suburb where neighbours know each other, and community events are well-attended. The area offers a blend of natural beauty and convenient amenities, creating a highly desirable living environment.
Who Buys in Narrawallee?
Narrawallee tends to attract a diverse range of buyers, including families, retirees, and those seeking a holiday home. The median house price of $1,235,000 suggests that the suburb is appealing to established families and professionals. The relatively low percentage of strata titled apartments (1.9%) indicates that houses are the dominant property type, further reinforcing the appeal to families.
The robust 10-year CAGR of 11.3% has also attracted investors, although the primary focus remains on owner-occupiers. The coastal lifestyle and strong community also draw downsizers looking for a relaxed and picturesque environment.
Market Analysis
As of early 2026, AusPropertyInsights.app data places Narrawallee's property market above its long-term trend, indicating it is currently in overvalued territory within its property cycle. This classification suggests that property prices in Narrawallee may be elevated compared to their historical average. It's important to consider this cycle position when analysing potential property market activity.
This position in the cycle reflects the increased demand and limited supply characteristic of many coastal markets. Understanding Narrawallee's current cycle position provides valuable context for interpreting recent price movements and considering future market trends.
Is Narrawallee a Good Investment?
Narrawallee presents an interesting case study in coastal property markets. The suburb's long-term growth trajectory, evidenced by a 7.3% full-period CAGR, demonstrates its historical resilience and appeal. The 10-year CAGR of 11.3% further underscores its recent strong performance. These figures highlight Narrawallee's potential for long-term capital appreciation.
Currently, as of early 2026, AusPropertyInsights.app data indicates that Narrawallee is above its long-term trend. This overvalued position suggests that buyers should carefully consider market conditions. The consistent demand for coastal properties, coupled with Narrawallee’s desirable lifestyle, contributes to its continued growth.
Narrawallee Market Outlook
As of early 2026, Narrawallee's property market is currently above its long-term trend. Recent price trends reflect the ongoing demand for coastal properties. While the market is currently classified as overvalued, the underlying factors driving growth, such as lifestyle appeal and limited supply, remain relevant.
Monitoring market activity and economic indicators will be crucial for understanding the future direction of Narrawallee's property market. Staying informed about local developments and infrastructure projects will also provide valuable insights.
Streets & Location in Narrawallee, NSW
Narrawallee, postcode 2539, is a coastal suburb renowned for its idyllic location and relaxed atmosphere. Several streets stand out in terms of median property price, including NORMANDY ST, GEMINI WAY, and MATRON PORTER DR. These streets often feature desirable properties with proximity to the beach and local amenities.
With a total of 52 streets, Narrawallee offers a diverse range of residential options. The suburb's location on the NSW South Coast contributes significantly to its appeal, attracting those seeking a sea change or a holiday home.
Market Dynamics
The property market in Narrawallee exhibits relatively efficient transaction patterns. The average settlement time for property sales is 57 days, indicating a reasonably quick turnaround from offer to completion. This timeframe suggests a smooth and well-functioning market within the suburb.
Due to data limitations, the quick-flip percentage is not currently available for Narrawallee. However, the overall market activity reflects a steady demand for properties in this desirable coastal location.
Development & Density
Narrawallee maintains a relatively low development density, preserving its coastal charm and relaxed character. The suburb is predominantly comprised of detached houses, contributing to its spacious feel. There are only 13 apartment buildings within Narrawallee, representing a small proportion of the overall housing stock.
The limited number of apartment buildings reflects a preference for low-density residential development in Narrawallee. This contributes to the suburb's appeal as a desirable location for families and those seeking a quieter lifestyle.
Growth & Property Mix
Narrawallee’s property market has demonstrated significant growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at an impressive 11.3%. Looking further back, the 20-year CAGR is 6.2%, while the full-period CAGR, encompassing the entire 36 years of data, is 7.3%. These figures highlight the consistent, albeit fluctuating, appreciation of property values in Narrawallee.
The property mix in Narrawallee is primarily houses, with a smaller percentage (1.9%) consisting of strata titled apartments. This composition influences the overall market dynamics and investment opportunities available in the suburb.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.